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Surfs Up

On Friday the shareholders of Associated Hotels Co. Ltd., agreed to sell the beach front property as funds for development was not forthcoming. rn rnCompany …

Debt Call

The Central Bank on Friday sought proposals from reputed international investment banks to raise dollar funds.The government is looking at raising up to US$ …

Checkmate

Clamping down on excessive government spending, cabinet on Wednesday passed the Fiscal Responsibility Act, the UNF governments solution for the growing …

Pied Piper

With a definite shift eastward of high spending MICE tourists, aggravated by 9/11, Sri Lanka is redoubling its efforts to offer more than sun, surf and …

Social Watch

The government is introducing a new law that will de-politicise welfare payments and improve targeting."People will no longer be able to claim benefits due to …